Cognis wins the 2010 Premier's Award for Developing the Economy of Western Australia with their NutremiaTM project

Monheim am Rhein, (PresseBox) - The coveted Premier's Award for Excellence in Public Sector Management was bestowed to the team of Cognis Australia Pty Ltd. and Department of Fisheries Western Australia (DoFWA) during a ceremony held November 4. The team was awarded first place in the category of Developing the Economy for the world's first production of carotenoid-enriched artemia (brine shrimp), a critical feedstock for aquaculture.

The annual Premier's Award for Excellence in Public Sector Management is presented to the most outstanding performance and service delivery by agencies, work teams or individuals. This year, 44 applicants were in the running across 5 categories of awards. The award was granted just seven months after Cognis Australia unveiled the state-of-the-art facility for production of carotenoid-enriched artemia (brine shrimp), a critical food for young fish and prawns. This high quality artemia addresses the gap in the quality and quantity of this aquaculture feedstock, leading to reliable and sustainable improvements in fish farming practices.

The Developing the Economy category winner must deliver positive outcomes that promote opportunity, support the economy, and respond to changing priorities to prepare for the future. Applicants had to demonstrate dynamic, ethical leadership practices, provide innovative solutions for the public sector, as well as demonstrate positive social, economic and/or environmental impact.

"We are very pleased to be awarded the coveted Premier's Award for Developing the Economy. It's a public recognition of the commitment to excellence demonstrated by the joint team, and the resulting benefit to the economy and sustainable aquaculture," commented Roger Taylor, accepting the Award on behalf of Cognis.

"Winning the Premier's Award for Developing the Economy is the icing on the cake for our team. This project represents a long-term dedication to providing a much-needed natural resource to the aquaculture industry, and recent production is exceeding our original expectations in terms of quantity and nutritional content," commented Boyd King, Cognis NutremiaTM Product Manager and key driver for the project.

DoFWA Chief Executive Officer Heather Brayford was delighted with the honor and recognition the Premier's Award has brought to DoFWA's pioneering team led by Dr. Sagiv Kolkovski.

"This is a great affirmation of the world-class quality of work from Dr. Kolkovski and the greater team, as well as the Department of Fisheries' commitment to developing sustainable aquaculture opportunities in Western Australia," she said. "Playing a key role in developing this sustainable food source for the aquaculture industry is very much in line with our ethos: fish for the future. "

About NutremiaTM Pure Australian Carotenoid-Enriched Artemia:

NutremiaTM is a trademark of the Cognis Group. Artemia, or brine shrimp, are used as feed for fish and prawn aquaculture, and in aquariums. NutremiaTM is produced using proprietary closed-system hyper-saline cultivation technology and fed algae rich in natural mixed carotenoids. Being rich in nutrients, NutremiaTM helps improve the colour, fertility, and immunity of prawns and fish. To preserve its nutritional value, NutremiaTM is instantly frozen on-site and packed in the highest quality, user-friendly packaging on the market.

About Department of Fisheries, Western Australia

The Department of Fisheries manages Western Australia's fish, marine and aquatic resources to world-class standards. Our commitment is Fish for the future, and by working with the community and key stakeholders, the Department's resolve is to conserve, develop and share the fish and other living aquatic resources of WA, for the benefit of present and future generations.

About Fisheries Research and Development Corporation (FRDC)

FRDC is Australia's leading agency concerned with planning, investing in, and managing fisheries research, development and extension. The FRDC is a statutory corporation founded in 1991 under the Primary Industries and Energy Research and Development (PIERD) Act 1989. It is responsible to the Minister for Agriculture Fisheries and Forestry. The FRDC's mission is to maximise economic, environmental and social benefits for its stakeholders through effective investment and partnership in research, development and extension.

BASF Personal Care and Nutrition GmbH

Cognis is a worldwide supplier of innovative specialty chemicals and nutritional ingredients, with a particular focus on the areas of wellness and sustainability. The company employs about 5,500 people, and it operates production sites and service centers in 30 countries. Cognis has dedicated its activities to a high level of sustainability and provides value adding solutions and products based on renewable raw materials. The company serves the food, nutrition and healthcare markets, and the cosmetics, detergents and cleaners industries. Another main focus is on products for a number of other industries, such as coatings and inks, lubricants, as well as agriculture and mining.

Cognis is currently owned by private equity funds advised by Permira, GS Capital Partners, and SV Life Sciences. In 2009, Cognis recorded sales of about 2.6 billion euros and an Adjusted EBITDA (operating result) of 364 million euros.

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